In March 2021, co-founders Lloyd Banks and Jocelyn Browne set Rubicon on a new path by transitioning to an Employee Ownership Trust (EOT), placing 100% of the company shares in trust for all Rubicon employees.
Rubicon Recruitment: Proudly 100% Employee-Owned
Rubicon Recruitment is proudly 100% Employee-Owned, making us one of the few wholly employee-owned recruitment consultancies in the UK. This unique model means every member of our team has a direct stake in our success, driving a culture of shared responsibility, innovation, and long-term commitment to excellence.
What Employee Ownership Means
Employee Ownership isn’t just a structure – it’s a mindset.
It empowers our people to go the extra mile for both clients and candidates, ensuring exceptional service and lasting partnerships. According to the Employee Ownership Association, businesses that adopt this model benefit from increased profitability, competitiveness, and resilience.
For Rubicon, it means:
- Sustainable growth
- Attracting top talent
- Remaining a trusted recruitment partner for years to come
Our Journey Towards Financial Freedom
We’re on an exciting path to becoming financially free – and we’re already 62% of the way there. This milestone reflects our commitment to sustainable growth and the strength of our employee-owned model. As we move closer to full financial freedom, we’re building a future where every team member benefits from our success.
BENEFITS OF EMPLOYEE OWNERSHIP
Benefits of an EOT will be felt by our people, our clients and our candidates

PEOPLE POWER
Rubicon’s employees have always powered the business and now the Employee Ownership Trust formalises the commitments each member of the team makes, ensuring everyone’s voice is heard.

SUPER CHARGED SERVICE
Employee ownership further validates our delivery of exceptional customer service. Clients see us as their ‘Consultancy of Choice’, candidates their ‘Agency of Choice’ and more generally we’ll be seen as an ‘Employer of Choice’.

EOT INTEGRITY
Building on #Core Values Rubicon’s purpose is to support and grow a close-knit family of professionals focused on improving people’s working lives.
WHY HAS RUBICON BECOME AN EOT BUSINESS
Our business has always prioritised positivity, consistently doing the right thing, integrity, fairness and openness. Employee ownership is a natural progression for us.
Lloyd and Jocelyn acquired Rubicon in 2000. They opted for employee ownership to ensure the continued strong culture of the business.
Lloyd explains the decision to transfer 100% of Rubicon People Partnership to an EOT.
BUILDING A PEOPLE-POWERED FUTURE: TERRY ON EMPLOYEE OWNERSHIP
Terry Porter, our Managing Director, explains why Rubicon chose to become 100% Employee-Owned and what this means for our people, our clients, and the future of our business. Terry shares how this ownership model strengthens our culture and supports long-term growth for everyone involved.

It’s so nice to be a part of a business that already values it’s employees so much and I think this will just reinforce that.

TERRY PORTER
MANAGING DIRECTOR
19 YEARS AT RUBICON

We’re leaving a legacy for years and years to come of everything we value and hold close at Rubicon.


